RLMT305 - Cost and Benefit Analysis of Reverse Logistics
Course Code: RLMT305 Course ID: 4304 Credit Hours: 3 Level: Undergraduate
This course provides students with a systems-centric view to explore the financial management components needed to develop best practices in reverse logistics applications in manufacturing, retail and in the military. A systems view of total life cycle cost will be calculated and compared to the benefits or value added by incorporating a reverse logistics process to manufacturing and retail operations. Students will analyze a potential reverse logistics case study to determine the short and long term financial implications to the company and to the environment. The student will examine how to define the problem and the core assumptions that define the problem space. This course is intended for students and professionals working in an organization that uses or is considering using reverse logistics.
|Registration Dates||Course Dates||Session||Weeks|
|06/28/22 - 12/02/22||12/05/22 - 01/29/23||Fall 2022 Session D||8 Week session|
|09/26/22 - 03/03/23||03/06/23 - 04/30/23||Winter 2023 Session D||8 Week session|
After successfully completing this course, students will fulfill the following Learning Objectives (LO):
• Discuss the differences between forward logistics and reverse logistics and how cost and benefit analysis is useful in these two processes.
• Outline the stages of cost and benefit analysis and discuss the importance of resource allocation in reverse logistics.
• Develop an understanding for measuring cost and benefits as well as non-market valuation of time.
• Discuss the different investment criteria and decisions needed to effectively select the appropriate processes for a reverse logistics program.
• Explain how cost and benefit analysis can be used to determine the need for a reverse logistics program and assess the value of a reverse logistics program through its various activities.
• Examine how timing and resource commitment impacts the success or failure of a reverse logistics program.
• Review the various applications of cost and benefit analysis.
• Apply the stages of cost and benefit analysis through demonstrating how these stages of the evaluative process can be used to implement a reverse logistics program in a retail, manufacturing, or military organization and discuss the financial and environmental impacts.
|Week 1: What is Reverse Logistics and Forward Logistics?||4.00 %|
|Week 2: Principles of Cost-benefit Analysis||4.00 %|
|Week 3: Best Practices in Practice||4.00 %|
|Week 4: Limitations of Rules||4.00 %|
|Week 5: Case Study Discussions||4.00 %|
|Week 6: Secondary Markets||4.00 %|
|Week 7: Readings summary||4.00 %|
|Week 8: Final Research Paper||4.00 %|
|Paper Assignments||32.00 %|
|Assignment - Week #2: Paper 1||8.00 %|
|Assignment - Week #3: Paper 2||8.00 %|
|Assignment - Week #6: Paper 3||8.00 %|
|Assignment - Week #7: Paper 4||8.00 %|
|Term Project Outlines||12.00 %|
|Assignment - Week #3: Term Project Part 1 – Outline||4.00 %|
|Assignment - Week #4: Term Project Part 2 - Abstract and Detailed Outline||4.00 %|
|Assignment - Week #5: Term Project Part 3 - Referenced Outline||4.00 %|
|Term Project Paper||24.00 %|
|Assignment - Week #8: Term Project Paper||24.00 %|
Required Readings – Articles can be found in the online Library
Breen, L. (2006). Give me back my empties or else! A preliminary analysis of customer compliance in reverse logistics practices (UK). Management Research Review, 29(9), 532-532-551. doi:10.1108/01409170610708989
Daugherty, P. J., Autry, C. W., & Ellinger, A. E. (2001). Reverse logistics: The relationship between resource commitment and program performance. Journal of Business Logistics, 22(1), 107-107-124.
Kulp, S.K., Lee, H. L., & Ofek, E. (2004). Manufacturer benefits from information integration with retail customers. Management Science, 50(4), 431-431-444.
Meyer, H. (1999). Many happy returns. The Journal of Business Strategy, 20(4), 27-27-31.
Mollenkopf, D. A., & Closs, D. J. (2005). The hidden value in REVERSE LOGISTICS. Supply Chain Management Review, 9(5), 34-34-36,38-40,42-43.
Richey, R. G., Daugherty, P. J., Genchev, S. E., & Autry, C. W. (2004). Reverse logistics: The impact of timing and resources. Journal of Business Logistics, 25(2), 229-229-250.
Richey, R. G., Tokman, M., Wright, R. E., & Harvey, M. G. (2005). Monitoring reverse logistics programs: A roadmap to sustainable development in emerging markets. Multinational Business Review, 13(3), 41-41-65.
Rogers, D.S. & Tibben-Lembke, R.S. (1998). Going backwards: Reverse logistics trends and practices. Reverse Logistics Executive Council. (Free book can be located online at http://www.rlec.org)
Rogers, D. S., Rogers, Z. S., & Lembke, R. (2010). Creating value through product stewardship and take-back.Sustainability Accounting, Management and Policy Journal, 1(2), 133-133-160. doi:10.1108/20408021011089211
Stock, J. R. (2001). The 7 deadly sins of reverse logistics. Material Handling & Logistics, 56(3), MHS5-MHS5-MHS11.
Tibben-Lembke, R., & Rogers, D. S. (2002). Differences between forward and reverse logistics in a retail environment. Supply Chain Management, 7(5), 271-271-282.
In the Resources folder there are weekly videos, assignment rubrics, articles and reports, TurnItIn instructions, and up to date APA handouts.
In addition to the required course texts the following public domain Websites are useful. Please abide by the university’s academic honesty policy when using Internet sources as well. Note web site addresses are subject to change.
The OWL at Purdue
APA Style Homepage
Reverse Logistics Association
Reverse Logistics Executive Council
Supply Chain Brain
|Book Title:||Various resources from the APUS Library & the Open Web are used. Please visit http://apus.libguides.com/er.php to locate the course eReserve.|
Not current for future courses.